Q2 EPS Forecast for Republic Services Raised by Analyst

Republic Services, Inc. (NYSE:RSG - Free Report) - Equities researchers at Zacks Research raised their Q2 2025 EPS estimates for shares of Republic Services in a research report issued on Thursday, May 15th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings per share of $1.74 for the quarter, up from their prior forecast of $1.73. The consensus estimate for Republic Services' current full-year earnings is $6.86 per share. Zacks Research also issued estimates for Republic Services' Q1 2027 earnings at $1.91 EPS and FY2027 earnings at $8.26 EPS.

Republic Services (NYSE:RSG - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The business services provider reported $1.58 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.05. Republic Services had a net margin of 12.74% and a return on equity of 18.28%. The business had revenue of $4.01 billion during the quarter, compared to analysts' expectations of $4.08 billion. During the same period last year, the company posted $1.45 EPS. The business's revenue was up 3.8% on a year-over-year basis.

Several other equities research analysts have also issued reports on the stock. CIBC upgraded shares of Republic Services from a "neutral" rating to a "sector outperform" rating and set a $264.00 target price for the company in a report on Tuesday, March 4th. Robert W. Baird raised their target price on shares of Republic Services from $232.00 to $245.00 and gave the stock a "neutral" rating in a report on Friday, April 25th. The Goldman Sachs Group raised their target price on shares of Republic Services from $239.00 to $265.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Morgan Stanley raised their target price on shares of Republic Services from $230.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, April 25th. Finally, Seaport Res Ptn upgraded shares of Republic Services to a "strong-buy" rating in a report on Tuesday, May 6th. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $249.00.

Republic Services Price Performance

Republic Services stock opened at $247.69 on Monday. The firm has a 50-day moving average price of $241.00 and a 200-day moving average price of $224.29. The firm has a market capitalization of $77.40 billion, a PE ratio of 38.17, a price-to-earnings-growth ratio of 3.64 and a beta of 0.66. The company has a current ratio of 0.58, a quick ratio of 0.64 and a debt-to-equity ratio of 1.04. Republic Services has a 12-month low of $180.92 and a 12-month high of $253.54.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RSG. Barclays PLC grew its position in shares of Republic Services by 11.0% in the 3rd quarter. Barclays PLC now owns 675,163 shares of the business services provider's stock worth $135,598,000 after buying an additional 66,842 shares during the last quarter. Park Avenue Securities LLC grew its position in Republic Services by 49.0% during the 4th quarter. Park Avenue Securities LLC now owns 7,702 shares of the business services provider's stock worth $1,549,000 after purchasing an additional 2,534 shares during the last quarter. Empirical Asset Management LLC purchased a new stake in Republic Services during the 4th quarter worth approximately $1,007,000. Procyon Advisors LLC grew its position in Republic Services by 32.4% during the 4th quarter. Procyon Advisors LLC now owns 1,466 shares of the business services provider's stock worth $295,000 after purchasing an additional 359 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new stake in Republic Services during the 4th quarter worth approximately $546,000. Hedge funds and other institutional investors own 57.73% of the company's stock.

Insider Activity

In other news, COO Gregg Brummer sold 6,293 shares of Republic Services stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $228.20, for a total value of $1,436,062.60. Following the transaction, the chief operating officer now owns 10,416 shares of the company's stock, valued at $2,376,931.20. The trade was a 37.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.11% of the company's stock.

Republic Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 2nd will be issued a $0.58 dividend. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $2.32 annualized dividend and a dividend yield of 0.94%. Republic Services's dividend payout ratio is currently 34.99%.

About Republic Services

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.

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